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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Allocation of the aggregate purchase price for acquisitions completed during the current period
The following illustrates the preliminary allocation as of June 30, 2016 of the aggregate purchase price for the above acquisitions to the assets acquired and liabilities assumed:
(in thousands)
 
2016 acquisitions
Net tangible assets acquired and liabilities assumed
 
$
(909
)
Identifiable intangible assets:
 
 
Customer lists/relationships
 
31,082

Internal-use software
 
1,250

Total intangible assets
 
32,332

Goodwill
 
575

Total aggregate purchase price
 
31,998

Liabilities for holdback payments
 
(3,016
)
Non-cash consideration(1)
 
(1,926
)
Net cash paid for 2016 acquisitions
 
27,056

Holdback payments for prior year acquisitions
 
1,441

Payments for acquisitions, net of cash acquired
 
$
28,497



(1) Consists of pre-acquisition amounts owed to us by certain of the acquired businesses.